(Image Credit: Macmillan Publishers) The Norwegian-American economist and sociologist, Thorstein Veblen coined the term, “conspicuous consumption’. This term explains the practice of consumers purchasing goods of a higher quality/greater quantity than is necessarily practical. More specifically it refers to luxury goods or services to publicly display one’s wealth or status. Hence a ‘conspicuous’ attempt at … Continue reading Wanting: The Power of Mimetic Desire in Everyday Life – Luke Burgis